AGON INVEST AS: årsregnskap 2009 vs 2008
Mixed movements in the accounts
approved 2010-10-28; registry 2010-11-06; journal 2010 784192
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGON INVEST AS. Equity -1.49m NOK → -2.03m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGON INVEST AS.
At a glance
Scorecard
Operating result
+3 423 NOK
+33.5k NOK
+879.3%
Equity
-1.49m NOK
-2.03m NOK
-35.6%
Cash
164.3k NOK
n/m
—
Total assets
1.34m NOK
1.44m NOK
+7.5%
What improved
-
↑
Operating result improved
Operating result +3 423 NOK → +33.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1.49m NOK → -2.03m NOK (equity ratio -111.2% → -140.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -140.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation